KURVA PHILLIPS DI INDONESIA
This paper aims to analyze the existence of the Philips curve in the Indonesian economy, 2000Q1-2010Q3. The results obtained by using OLS method shows that the expectations augmented Philips curve and the New Keynesian Philips curve models cannot give a clear results of Philips curve existence in th...
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| Format: | UMS Journal (OJS) |
| Language: | eng |
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Muhammadiyah University Press
2012
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| Online Access: | https://journals.ums.ac.id/index.php/JEP/article/view/178 |
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| _version_ | 1805342406537641984 |
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| author | Maichal, Maichal |
| author_facet | Maichal, Maichal |
| author_sort | Maichal, Maichal |
| collection | OJS |
| description | This paper aims to analyze the existence of the Philips curve in the Indonesian economy, 2000Q1-2010Q3. The results obtained by using OLS method shows that the expectations augmented Philips curve and the New Keynesian Philips curve models cannot give a clear results of Philips curve existence in the Idonesia economy. Shocks variable such as percentage change of exchange rates and crude oil prices provide a very small effect on the inflation rate in Indonesia. Furthermore, the results obtained by using GMM method on the hybrid model of the New Keynesian Philips curve shows that the Philips curve exists in the Indonesian economy. |
| format | UMS Journal (OJS) |
| id | oai:ojs2.journals.ums.ac.id:article-178 |
| institution | Universitas Muhammadiyah Surakarta |
| language | eng |
| publishDate | 2012 |
| publisher | Muhammadiyah University Press |
| record_format | ojs |
| spelling | oai:ojs2.journals.ums.ac.id:article-178 KURVA PHILLIPS DI INDONESIA Maichal, Maichal philips curve; hybrid model; new keynesian philips curve This paper aims to analyze the existence of the Philips curve in the Indonesian economy, 2000Q1-2010Q3. The results obtained by using OLS method shows that the expectations augmented Philips curve and the New Keynesian Philips curve models cannot give a clear results of Philips curve existence in the Idonesia economy. Shocks variable such as percentage change of exchange rates and crude oil prices provide a very small effect on the inflation rate in Indonesia. Furthermore, the results obtained by using GMM method on the hybrid model of the New Keynesian Philips curve shows that the Philips curve exists in the Indonesian economy. Muhammadiyah University Press 2012-12-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/JEP/article/view/178 10.23917/jep.v13i2.178 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan; Vol 13, No 2 (2012): JEP Desember 2012; 183-193 2460-9331 1411-6081 eng https://journals.ums.ac.id/index.php/JEP/article/view/178/165 Copyright (c) 2015 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan https://creativecommons.org/licenses/by/4.0 |
| spellingShingle | philips curve; hybrid model; new keynesian philips curve Maichal, Maichal KURVA PHILLIPS DI INDONESIA |
| title | KURVA PHILLIPS DI INDONESIA |
| title_full | KURVA PHILLIPS DI INDONESIA |
| title_fullStr | KURVA PHILLIPS DI INDONESIA |
| title_full_unstemmed | KURVA PHILLIPS DI INDONESIA |
| title_short | KURVA PHILLIPS DI INDONESIA |
| title_sort | kurva phillips di indonesia |
| topic | philips curve; hybrid model; new keynesian philips curve |
| topic_facet | philips curve; hybrid model; new keynesian philips curve |
| url | https://journals.ums.ac.id/index.php/JEP/article/view/178 |
| work_keys_str_mv | AT maichalmaichal kurvaphillipsdiindonesia |